Goldman Sachs 'to sell metals warehouses'

Goldman Sachs is looking to sell its network of metals
warehouses in a surprise turn after the bank previously said it
was remaining firmly committed to the commodities market,
writes Joe Parsons.

The bank confirmed it has begun a 'formal sales
process’ for Detroit-based Metro International
Trade Services, a global warehouse operator specialising in the
storage of non-ferrous metals for the London Metal Exchange
(LME).